Wisconsin reviews Foxconn job audit to determine if company qualifies for portion of $3B in tax credits
Foxconn — and Wisconsin — are another step closer to learning whether the Taiwan-based company will qualify for a portion of the $3 billion in state tax credits that were part of the deal signed three years ago to bring the electronics manufacturer to Racine County. A formal audit of the company’s 2019 jobs report was released Wednesday, a week after being submitted to the Wisconsin Economic Development Corp. But the audit doesn’t evaluate whether the company has met conditions set in the contract that former Gov. Scott Walker and the state signed with Foxconn in 2017. That will...
Read More